GoKawiilDoorDash to acquire Instacart in $17 billion deal at $65 per share
DoorDash and Instacart announced a definitive merger agreement under which DoorDash will acquire Instacart for $65.00 per share, valuing the company at roughly $17 billion equity value and a 26% premium to its October 22, 2026 closing price. At least 75% of the deal will be paid in cash, with Instacart stockholders able to choose cash, DoorDash stock, or a mix, subject to a cap limiting stock to 25% of total consideration. Instacart's board has unanimously approved the agreement.
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The combination would merge DoorDash's restaurant and local delivery network with Instacart's grocery fulfillment and advertising technology, potentially giving smaller retailers tools comparable to those built in-house by large grocers and online retailers, according to the companies' joint statement. This could reshape competition in online grocery delivery, where the companies say most purchases still happen in physical stores but online shopping is growing. The deal structure, mostly cash, suggests DoorDash is prioritizing certainty for Instacart shareholders while limiting dilution of its own stock.
- DoorDash will acquire Instacart for $65.00 per share, about $17 billion in equity value.
- The deal is structured as at least 75% cash, with stock capped at 25% of consideration.
- Instacart's board has unanimously approved the agreement, combining grocery and local delivery technology.
Source: ir.doordash.com, 2026-10-29
Published there as: “DoorDash to Acquire Instacart”
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